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Lee Raymond, ExxonMobil CEO Smog


Wednesday, May 25, 2005

Munawar Zainal (c) 717-343-1598
Abigail Abrash Walton 603-357-2651

ExxonMobil Investors Tell Management to Review Relationship with Indonesia’s Criminal Military

7.6 Percent Back New York City Pension System Resolution Questioning Risks to Shareholders from ExxonMobil Payments to Brutal Armed Forces

Washington, D.C. – Stockholders of oil and gas giant ExxonMobil (New York Stock Exchange symbol: XOM) today issued a call to action about the company’s operations in the Indonesian province of Aceh, devastated by last December’s tsunami. At the company’s annual shareholders meeting in Dallas, Texas, this morning, well over 7 percent of investors (accounting for roughly 498 million shares worth more than $27 billion) voted in favor of a resolution calling on ExxonMobil management to report to shareholders concerning the potential investor risks and liabilities resulting from corporate payments to Indonesia’s notorious rights-abusing military.

A similar resolution put before Freeport McMoRan Copper & Gold, Inc. (NYSE symbol: FCX) shareholders on May 5 by NYC’s firefighters, teachers and police pension funds also garnered more than 7 percent of the ballots. Both resolutions send a strong message to corporate management and received well above the percentage needed to carry forward similar resolutions during next year’s shareholder season.

Urging investors to help end the violence in Aceh by voting “yes” on the NYC resolution, Mr. Munawar Zainal, Secretary General of the Aceh Center -- USA, told shareholders at the meeting, “I strongly believe that ExxonMobil can influence the prospects for peace and stability in my homeland. This will require a change in policy and action by the company’s management, which you, as shareholders, can encourage. Right now, Exxon Mobil’s ongoing financial and logistical collusion with the Indonesian armed forces provides those troops with opportunity and cover for their brutality.”

Delivering a statement on behalf of Antioch New England Graduate School’s Faculty Senate, Ms. Elena Acosta reminded investors that “The compensation received by the Acehnese communities whose natural resources ExxonMobil exploits has been environmental degradation, military occupation, and severe human rights abuses by the Indonesian armed forces whom ExxonMobil pays to “protect” its operations. We, as concerned shareholders, need to safeguard our investments by ensuring that ExxonMobil does not underwrite criminal activity.”

Copies of the New York City Pension Funds Resolution and Statements by Mr. Zainal and Ms. Acosta are available online at:


ExxonMobil holds a 100 percent interest in Aceh’s Arun natural gas fields, which account – together with satellite fields – for 1.5 billion cubic feet of gas/day or 11 percent of ExxonMobil’s global production for 2004. The company realized $25.33 billion dollars in profits in 2004, a world record. ExxonMobil has provided just $8 million in tsunami relief and reconstruction contributions or less than one-third of one percent of the company’s 2004 profits. (Its more than 100,000 employees, retirees, dealers and distributors have contributed a total of $3 million.)

The ExxonMobil shareholder meeting takes place the same day that newly elected Indonesian president General Susilo Bambang Yudhoyono makes his first state visit to Washington, D.C., to meet with President George W. Bush and members of the U.S. Congress. ExxonMobil will host a major gala dinner reception this evening for President Yudhoyono at Washington, D.C.’s Mandarin Oriental Hotel. The company enjoys close relations with the Bush Administration and with Indonesia’s senior military leadership. The company was the top oil and gas industry contributor to the Bush/Cheney and other Republican campaigns during the 2004 election cycle. In December 2004, International Government Relations Manager Robert Haines, who chairs the U.S.-ASEAN Business Council’s Indonesia group, led an exclusive delegation of 50 senior executives from 26 major U.S. corporations to Indonesia for meetings with President Yudhoyono and other top Indonesian economic officials.

According to the U.S. State Department and other credible sources, Indonesian government forces have killed, tortured, involuntarily disappeared, and arbitrarily arrested and detained thousands of Acehense civilians. The Indonesian government largely has closed Aceh to foreigners since the implementation of martial law in 2003 and during the current period of civil emergency in place since 2004, contributing significantly to the problem of providing humanitarian aid to the victims of December’s tsunami.
ExxonMobil currently faces a lawsuit representing families and victims of torture and murder by Indonesian troops stationed at ExxonMobil’s Aceh facilities. Human rights investigators and journalists have reported that the Indonesian military has used ExxonMobil facilities to torture its victims and used company equipment to dig mass graves for burial of murder victims.

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